SWIFT, in collaboration with more than 30 banks, is building a blockchain-based infrastructure designed to run tokenized assets (RWA) in parallel with existing financial systems, unlocking new opportunities for finance digitization. The project underscores a broad industry move to integrate distributed ledger technology into mainstream finance. By enabling tokenized assets to operate alongside traditional rails, the initiative aims to deliver more flexible and faster asset transactions.
The infrastructure is expected to broaden blockchain adoption within banking operations in the near term, potentially boosting competition and spurring innovation across the financial sector. Tokenized assets can improve liquidity and increase market transparency. This initiative reflects the commitment of major financial players to integrate blockchain technology with the existing ecosystem, providing more flexible and faster asset transactions.
If successful, the collaboration could accelerate the integration of blockchain technology into everyday banking processes and open new avenues for asset tokenization. The move signals a growing trend toward combining blockchain with traditional finance to enhance efficiency, resilience, and investor choice.
Leave a Reply